Solana H4 - 06/05/2022
Updated
Solana is currently in the dip of the supply/demand zone where I suspect there will be a rally before anything can go lower. As bitcoin is suffering from a sell-off, the best idea is to wait for a good signal before entering a long position, though sometimes things can change rapidly because we are in the most sensitive zone
Observe all trading platforms, the current volume of all coins is significantly high. The market seems to be very "bustle" for short/mid-term traders but it is a nightmare for holders.
Remember to trade systematically, do not follow your heart. Any dip can go lower and lower and lower. If there is nothing to invest in or there is no appropriate entry, do not enter a trade. Save your time to observe and analyze for a deeper understanding. This is also a good time to the extent of your knowledge in any field instead of mourning for your lost money. I know it is hard to accept the truth but it is what it is. I was there when everything fell apart in 2018. Tough time. I do not know whether things will get worsen or now so please be very very careful in managing your portfolio, and cut your loss if it is necessary. Holding too tight on something only makes you regret
Well, that is all I want to say.
Cheers
Observe all trading platforms, the current volume of all coins is significantly high. The market seems to be very "bustle" for short/mid-term traders but it is a nightmare for holders.
Remember to trade systematically, do not follow your heart. Any dip can go lower and lower and lower. If there is nothing to invest in or there is no appropriate entry, do not enter a trade. Save your time to observe and analyze for a deeper understanding. This is also a good time to the extent of your knowledge in any field instead of mourning for your lost money. I know it is hard to accept the truth but it is what it is. I was there when everything fell apart in 2018. Tough time. I do not know whether things will get worsen or now so please be very very careful in managing your portfolio, and cut your loss if it is necessary. Holding too tight on something only makes you regret
Well, that is all I want to say.
Cheers
Note
Should we make a long order at this very moment?
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